PENGARUH UKURAN PERUSAHAAN DAN CORPORATE GOVERNANCE TERHADAP EARNINGS MANAGEMENT SERTA DAMPAKNYA TERHADAP EARNINGS QUALITY
DOI:
https://doi.org/10.25170/10.25170/jara.v13i2.479Keywords:
company size, proportion of independent commissioner, size of board of directors, earnings management, earnings quality.Abstract
This research is conducted to analyze the effect of company size and corporate governance (proportion of independent commissioner and size of board of directors) on earnings management and its impact on earnings quality. This test consists of two research models. The first research model analyzes the effect of company size, proportion of independent commissioner, and size of board of directors on earnings management, while the second research model analyzes the effect of earnings management on earnings quality. The object of this research are manufacturing companies that are listed on Indonesia Stock Exchange (IDX) in 2015-2017. The number of samples used for the first research model is 194 sample data and the second research model is 181 sample data. This study was conducted by using multiple linear regression analysis on the first research model and simple regression analysis on the second research model. The result of the first research model analysis shows that company size has an effect on earnings management, while the proportion of independent commissioners and the size of the board of directors have no effect on earnings management variable. And then, the result of the second research model analysis shows that earnings management has an effect on earnings quality.
References
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Ahmadpour, A., & Shahsavari, M. (2016). Earnings Management and the Effect of Earnings Quality in Relation to Bankruptcy Level. Iranian Journal of Management Studies (IJMS). 9 (1), 77-99.
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Daghsni, O., Zouhayer, M., & Mbarek, K.B.H. (2016). Earnings Management and Board Characteristics: Evidence from French ListedFirms. Arabian Journal of Business and Management Review. 6 (5), 1-9.
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Komite Nasional Kebijakan Governance. (2006). Pedoman Umum Good Corporate Governance Indonesia. Jakarta: Menteri Koordinator Bidang Perekonomian Republik Indonesia.
Midiastuty, P.P., dan Machfoedz, M. (2003). Analisis Hubungan Mekanisme Corporate Governance dan Indikasi Manajemen Laba. Simposium Nasional Akuntansi VI.
Murwaningsih, E. (2007). Pengujian Simultan: Beberapa Faktor Yang Mempengaruhi Earning Response Coefficient (ERC). Simposium Nasional Akuntansi XI.
Nayiroh, S. (2013). Analisis Faktor-Faktor Yang Mempengaruhi Praktik Manajemen Laba. E-Journal Universitas Dian Nuswantoro Semarang.
Nur, E., Oktaviani, R.N., & Ratnawati, V. (2015). Pengaruh Good Corporate Governance Terhadap Kualitas Laba Dengan Manajemen Laba Sebagai Variabel Intervening. Jurnal SOROT. 10 (1), 36-53.
Oktaviani, H.D. (2015). Pengaruh Ukuran Dewan Direksi, Proporsi Dewan Komisaris Independen, dan Ukuran Komite Audit Terhadap Praktik Manajemen Laba Pada Perusahaan Farmasi Yang Tedaftar di BEI Tahun 2009 – 2014. Jurnal Akuntansi UNESA.
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Purwandari, I.W. (2011). Analisis Pengaruh Mekanisme Good Corporate Governance, Profitabilitas dan Leverage Terhadap Praktek Manajemen Laba (Earning Management). Tesis tidak diterbitkan, Universitas Diponegoro, Semarang.
Rifani, A. (2013). Pengaruh Good Corporate Governance Terhadap Hubungan Manajemen Laba dan Kualitas Laba. Tesis tidak diterbitkan. Universitas Negeri Padang. Padang.
Sabrina, C. (2013). Pengaruh Budaya, Karakteristik Personal Dewan Direksi, dan Karakteristik Personal Komite Audit Terhadap Manajemen Laba Serta Implikasinya Terhadap Kualitas Laba. Tesis tidak diterbitkan, Universitas Katolik Indonesia Atma Jaya, Jakarta.
Scott, W.R. (2015). Financial Accounting Theory (7th ed.). Toronto: Pearson Education Canada.
Siregar, S.V.N.P., & Utama, S. (2005). Pengaruh Struktur Kepemilikan, Ukuran Perusahaan, dan Praktek Corporate Governance Terhadap Pengelolaan Laba (Earnings Management). Simposium Nasional Akuntansi VIII Solo.
Stice, E.K., Stice, J.D., & Skousen, K.F. (2010). Intermediate Accounting (17th ed.). Australia: South-Western, Cengage Learning.
Sudarmadji, A.M., & Sularto, L. (2007). Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, dan Tipe Kepemilikan Perusahaan Terhadap Luas Voluntary Disclosure Laporan Keuangan Tahunan. Proceeding PESAT (Psikologi, Ekonomi, Sastra, Arsitek & Sipil). 2, A53-A61.
Sukmawati, S., Kusmuriyanto, & Linda, A. (2014). Pengaruh Struktur Modal, Ukuran Perusahaan, Likuiditas, dan Return on Asset terhadap Kualitas Laba. Jurnal Akuntansi dan Ekonomi Bisnis. 3 (1), 26-33.
Teets, W.R., & Wasley, C.E. (1996). Estimating Earning Response Coefficients: Pooled versus Firm Specific Models. Journal of Accounting and Economics. 21, 279-295.
Tyasari, I. (2009). Asimetri Informasi dan Praktik Manajemen Laba Pada Perusahaan Manufaktur di Bursa Efek Indonesia. MODERNISASI. 5 (3), 189 - 198.
Ujiyantho, M. A., & Pramuka, B. A. (2007). Mekanisme Corporate Governance, Manajemen Laba dan Kinerja Keuangan. Simposium Nasional Akuntansi X.
Undang-Undang Nomor 40 Tahun 2007. (2007). Undang-Undang No. 40 Tahun 2007 tentang Perseroan Terbatas. Jakarta: Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia.
Wahyuni, P.T., & Muslim, R.Y. (2010). Pengaruh Earnings Management Terhadap Earnings Quality. Jurnal Kajian Akuntansi dan Auditing. 5 (2), 51-66.
Yoviaal, M.M. (2015). Pengaruh Good Corporate Governance Terhadap Earnings Management. Jurnal Ilmiah Mahasiswa Universitas Surabaya. 4 (1), 1-18.
Ahmadpour, A., & Shahsavari, M. (2016). Earnings Management and the Effect of Earnings Quality in Relation to Bankruptcy Level. Iranian Journal of Management Studies (IJMS). 9 (1), 77-99.
Ali, U., Noor, M.A., Khurshid, M.K., & Mahmood, A. (2015). Impact of Firm Size on Earnings Management; A Study of Textile Sector of Pakistan. European Journal of Business and Management. 7 (28), 47-56.
Anwar, C. & Anugrah, D. (2015). Effect Of Firm Size And Corporate Governance Practice Earning Management. Jurnal Akuntansi & Keuangan. 6 (2), 47-63.
Ardiyansyah, M. (2014). Pengaruh Corporate Governance, Leverage dan Profitabilitas Terhadap Manajemen Laba Pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar di BEI Periode 2009-2013. Jurnal Akuntansi Fakultas Ekonomi Universitas Maritim Raja Ali Haji.
Aryani, F. (2015). Pengaruh Kepemilikan Manajerial, Proporsi Komisaris Independen, Frekuensi Pertemuan Komite Audit, dan Ukuran Perusahaan Terhadap Earnings Management dan Dampaknya Pada Earnings Quality. Tesis tidak diterbitkan, Universitas Katolik Indonesia Atma Jaya, Jakarta.
Boediono, G.S.B. (2005). Kualitas Laba: Studi Pengaruh Mekanisme Corporate Governance dan Dampak Manajemen Laba Dengan Menggunakan Analisis Jalur. Simposium Nasional Akuntansi VIII Solo. 172-194.
Daghsni, O., Zouhayer, M., & Mbarek, K.B.H. (2016). Earnings Management and Board Characteristics: Evidence from French ListedFirms. Arabian Journal of Business and Management Review. 6 (5), 1-9.
Dechow, P.M., Sloan, R.G., & Sweeney, A.P. (1995). Detecting earnings management. The Accounting Review. 70 (2), 193-225.
Dewi, E.R., & Khoiruddin, M. (2016). Pengaruh Good Corporate Governance Terhadap Manajemen Laba Pada Perusahaan Yang Masuk Dalam JII (Jakarta Islamic Index) Tahun 2012-2013. Management Analysis Journal. 5 (3), 156-166.
Financial Accounting Standards Board. (1978). Statement of Financial Accounting Concepts No. 1: Objectives of Financial Reporting by Business Enterprises. Norwalk: Financial Accounting Standard Board.
Ghozali, I. (2016). Aplikasi Analisis Multivariate dengan Program IBM SPSS 23. Semarang: Badan Penerbit Universitas Diponegoro.
Godfrey, J., Hodgson, A., Tarca, A., Hamilton, J., & Holmes, S. (2010). Accounting Theory. (7th Ed.). Australia: John Wiley & Sons Australia, Ltd.
Gulzar, M.A., & Wang, Z.J., (2011). Corporate Governance Characteristics and Earnings Management: Empirical Evidence from Chinese Listed Firms. International Journal of Accounting and Financial Reporting. 1 (1), 133-151.
Gunarianto, Tahir, M.A., & Puspitosarie, E. (2014) The Analysis of Earning Management and Earning Response Coefficient: Empirical Evidence from Manufacturing Companies Listed in Indonesian Stock Exchange. International Journal of Business and Management Invention. 3 (8), 41-54.
Gunawan, I.K., Darmawan, N.A.S, & Purnamawati, I.G.A. (2015). Pengaruh Ukuran Perusahaan, Profitabilitas, dan Leverage Terhadap Manajemen Laba Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (BEI). Jurnal Akuntansi Program S1. 3 (1).
Halim, J., Meiden, C., & Tobing, R.L. (2005). Pengaruh Manajemen Laba Pada Tingkat Pengungkapan Laporan Keuangan Pada Perusahaan Manufaktur yang Termasuk Dalam Indeks LQ-45. Simposium Nasional Akuntansi VIII Solo, 117-135.
Handayani, S., & Rachadi, A.D. (2009). Pengaruh Ukuran Perusahaan Terhadap Manajemen Laba. Jurnal Bisnis dan Akuntansi. 11 (1), 33-56.
Jao, R., & Pagalung, G. (2011). Corporate Governance, Ukuran Perusahaan dan Leverage Terhadap Manajemen Laba Perusahaan Manufaktur Indonesia. Jurnal Akuntansi dan Auditing. 8 (1), 43-54.
Jensen, M.C. & Meckling, W.H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics. 3 (4), 305-360.
Kim, Y., Liu, C., & Rhee, S. G. (2003). The relation of earnings management to firm size. Social Science Research Network.
Komite Nasional Kebijakan Governance. (2006). Pedoman Umum Good Corporate Governance Indonesia. Jakarta: Menteri Koordinator Bidang Perekonomian Republik Indonesia.
Midiastuty, P.P., dan Machfoedz, M. (2003). Analisis Hubungan Mekanisme Corporate Governance dan Indikasi Manajemen Laba. Simposium Nasional Akuntansi VI.
Murwaningsih, E. (2007). Pengujian Simultan: Beberapa Faktor Yang Mempengaruhi Earning Response Coefficient (ERC). Simposium Nasional Akuntansi XI.
Nayiroh, S. (2013). Analisis Faktor-Faktor Yang Mempengaruhi Praktik Manajemen Laba. E-Journal Universitas Dian Nuswantoro Semarang.
Nur, E., Oktaviani, R.N., & Ratnawati, V. (2015). Pengaruh Good Corporate Governance Terhadap Kualitas Laba Dengan Manajemen Laba Sebagai Variabel Intervening. Jurnal SOROT. 10 (1), 36-53.
Oktaviani, H.D. (2015). Pengaruh Ukuran Dewan Direksi, Proporsi Dewan Komisaris Independen, dan Ukuran Komite Audit Terhadap Praktik Manajemen Laba Pada Perusahaan Farmasi Yang Tedaftar di BEI Tahun 2009 – 2014. Jurnal Akuntansi UNESA.
Peraturan Otoritas Jasa Keuangan Nomor 33/POJK.04/2014. (2014). Peraturan Otoritas Jasa Keuangan No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik. Jakarta: Otoritas Jasa Keuangan Republik Indonesia.
Purwandari, I.W. (2011). Analisis Pengaruh Mekanisme Good Corporate Governance, Profitabilitas dan Leverage Terhadap Praktek Manajemen Laba (Earning Management). Tesis tidak diterbitkan, Universitas Diponegoro, Semarang.
Rifani, A. (2013). Pengaruh Good Corporate Governance Terhadap Hubungan Manajemen Laba dan Kualitas Laba. Tesis tidak diterbitkan. Universitas Negeri Padang. Padang.
Sabrina, C. (2013). Pengaruh Budaya, Karakteristik Personal Dewan Direksi, dan Karakteristik Personal Komite Audit Terhadap Manajemen Laba Serta Implikasinya Terhadap Kualitas Laba. Tesis tidak diterbitkan, Universitas Katolik Indonesia Atma Jaya, Jakarta.
Scott, W.R. (2015). Financial Accounting Theory (7th ed.). Toronto: Pearson Education Canada.
Siregar, S.V.N.P., & Utama, S. (2005). Pengaruh Struktur Kepemilikan, Ukuran Perusahaan, dan Praktek Corporate Governance Terhadap Pengelolaan Laba (Earnings Management). Simposium Nasional Akuntansi VIII Solo.
Stice, E.K., Stice, J.D., & Skousen, K.F. (2010). Intermediate Accounting (17th ed.). Australia: South-Western, Cengage Learning.
Sudarmadji, A.M., & Sularto, L. (2007). Pengaruh Ukuran Perusahaan, Profitabilitas, Leverage, dan Tipe Kepemilikan Perusahaan Terhadap Luas Voluntary Disclosure Laporan Keuangan Tahunan. Proceeding PESAT (Psikologi, Ekonomi, Sastra, Arsitek & Sipil). 2, A53-A61.
Sukmawati, S., Kusmuriyanto, & Linda, A. (2014). Pengaruh Struktur Modal, Ukuran Perusahaan, Likuiditas, dan Return on Asset terhadap Kualitas Laba. Jurnal Akuntansi dan Ekonomi Bisnis. 3 (1), 26-33.
Teets, W.R., & Wasley, C.E. (1996). Estimating Earning Response Coefficients: Pooled versus Firm Specific Models. Journal of Accounting and Economics. 21, 279-295.
Tyasari, I. (2009). Asimetri Informasi dan Praktik Manajemen Laba Pada Perusahaan Manufaktur di Bursa Efek Indonesia. MODERNISASI. 5 (3), 189 - 198.
Ujiyantho, M. A., & Pramuka, B. A. (2007). Mekanisme Corporate Governance, Manajemen Laba dan Kinerja Keuangan. Simposium Nasional Akuntansi X.
Undang-Undang Nomor 40 Tahun 2007. (2007). Undang-Undang No. 40 Tahun 2007 tentang Perseroan Terbatas. Jakarta: Kementerian Hukum dan Hak Asasi Manusia Republik Indonesia.
Wahyuni, P.T., & Muslim, R.Y. (2010). Pengaruh Earnings Management Terhadap Earnings Quality. Jurnal Kajian Akuntansi dan Auditing. 5 (2), 51-66.
Yoviaal, M.M. (2015). Pengaruh Good Corporate Governance Terhadap Earnings Management. Jurnal Ilmiah Mahasiswa Universitas Surabaya. 4 (1), 1-18.
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2019-10-01
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PENGARUH UKURAN PERUSAHAAN DAN CORPORATE GOVERNANCE TERHADAP EARNINGS MANAGEMENT SERTA DAMPAKNYA TERHADAP EARNINGS QUALITY. (2019). Jurnal Akuntansi, 13(2), 143-168. https://doi.org/10.25170/10.25170/jara.v13i2.479
